Share Market News Today | Sensex, Nifty, Share Prices LIVE: Domestic equity industry benchmarks BSE Sensex and Nifty 50 had been trading half a per cent up on Tuesday, on the back of positive international cues. BSE Sensex was hovering about 52,590, although the broader Nifty 50 index was ruling close to 15,800. ICICI Bank, Bajaj Finance, Mahindra & Mahindra, NTPC, Maruti Suzuki India, State Bank of India (SBI), Housing Development Finance Corp (HDFC) had been amongst top rated index gainers. IT stocks such as Tech Mahindra, Infosys and HCL Technologies had been amongst top rated Sensex losers. Barring Nifty IT index, all the sectoral indices had been trading in the green, led by gains in Nifty Realty and Nifty PSU Bank indices. Nifty IT index fell .03 per cent.
The index of industrial production (IIP) grew 29.3 per cent on-year in May, driven primarily by a favourable base. While retail inflation unexpectedly dropped in June to 6.26 per cent from a six-month higher of 6.30 per cent in May but nonetheless stayed above the Reserve Bank of India’s (RBI’s) tolerance level for a second straight month, as value stress remains elevated across meals and fuel segments. The country’s factory output witnessed a development of 29.3 per cent on-year to 116.6 for the duration of the month of May.